Business, 22.11.2019 06:31, lakhwinder6588
9. melika spends all of her income on magazines and carry-out lunches. the price of a magazine is $5, and the price of a carry-out lunch is $7. at the current consumption bundle, the marginal utility of magazines is 10, and the marginal utility of carry-out lunches is 21. assuming that diminishing marginal utility applies to both goods, to maximize utility given her income, melika should: a. increase her consumption of magazines and decrease her consumption of carry-out lunches.
b. consume equal amounts of magazines and carry-out lunches.
c. increase her consumption of carry-out lunches and decrease her consumption of magazines.
d. continue to consume the current bundle.
Answers: 1
Business, 22.06.2019 04:30, fixianstewart
4. the condition requires that only one of the selected criteria be true for a record to be displayed.
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Business, 22.06.2019 08:30, cyaransteenberg
Blank is the internal operation that arranges information resources to support business performance and outcomes
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Business, 22.06.2019 17:50, primmprincess312
Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.
Answers: 2
9. melika spends all of her income on magazines and carry-out lunches. the price of a magazine is $5...
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